617 W Gandy St

Denison, TX 75020
  • $399,000

    Price
  • 6

    Bed
  • 5

    Bath
  • 3,838

    SqFt

About the Listing DFWMH01 - 0540061

Unit 1 is downstairs to the left a Two-bedroom one bathroom unit $1000 PM. Unit 2 downstairs to the right is a one bedroom and one-bathroom $850 PM. Unit 3 upstairs to the left is a 2 bedroom and two-bathroom unit with central air and gas heater $1100 PM. Unit 4 upstairs to the right is a one bedroom one-bathroom unit $850 PM. All units have been renovated within the past 4 years All bathrooms have been updated and have showers. Plumbing and electrical all up to date. Unit 3 has central air conditioning all other units have window units and space heaters. All units have current leases. Front Porch and Foundation have all recently been fully replaced beams and piers with warranty. Owner, seller is Real Estate broker. Please note pictures are 1- 2 years old and are just to show the renovation of each unit in the past 4 years. Roof is about 6 years old. Owner will finance at 8.5 % interest over 30 years with min 25% downpayment. Monthly payment $2306 + Insurance $250 PM + Property Tax = $3025 Per month payment Total income is $3800 per month leaves a net income of about $775 a month net or a Cap Rate of 7.75%

Listing Highlights

Status Active
Days on Site 45
Property Type Multi-Family
MLS ® 21227047
Year Built 1890
Total Square Footage 3,838
Lot/Acreage 0.17
County Grayson
Neighborhood Millers 1st Add
School District Denison ISD
Elementary School Lamar
High School Denison

Interior Details

  • Bedrooms: 6
  • Bathrooms: 5 Full
  • Appliances: Gas Range, Refrigerator
  • Air Cond: Central Air,Wall/Window Unit(s),Window Unit(s)
  • Heating: Central,Space Heater
  • Fireplaces: 0
  • Floor: Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Roof: Composition
  • Others: Preowned
  • Sewer:
  • Parking Features: Common,On Street

Financial Details

  • Tax Amount: $3,658
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 142943
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

617 W Gandy St Denison, TX 75020

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